Marshall Wace LLP Buys 90,714 Shares of HUYA Inc. (NYSE:HUYA)

Marshall Wace LLP lifted its holdings in shares of HUYA Inc. (NYSE:HUYA - Free Report) by 145.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 153,092 shares of the company's stock after buying an additional 90,714 shares during the quarter. Marshall Wace LLP owned about 0.07% of HUYA worth $470,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Smith Anglin Financial LLC grew its position in shares of HUYA by 27.9% in the fourth quarter. Smith Anglin Financial LLC now owns 18,367 shares of the company's stock valued at $56,000 after purchasing an additional 4,002 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of HUYA by 27.1% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 63,550 shares of the company's stock worth $195,000 after purchasing an additional 13,544 shares during the last quarter. Sei Investments Co. purchased a new stake in HUYA in the fourth quarter valued at approximately $94,000. Jump Financial LLC bought a new stake in HUYA during the fourth quarter valued at approximately $129,000. Finally, Vontobel Holding Ltd. purchased a new position in HUYA in the 4th quarter worth approximately $140,000. 23.20% of the stock is owned by institutional investors.

HUYA Stock Performance

Shares of HUYA stock traded down $0.01 during midday trading on Thursday, reaching $3.67. 189,078 shares of the company's stock traded hands, compared to its average volume of 1,693,122. HUYA Inc. has a 12 month low of $2.82 and a 12 month high of $6.84. The company has a market cap of $826.60 million, a PE ratio of -40.78 and a beta of 0.81. The stock has a 50 day moving average of $3.54 and a 200-day moving average of $3.41.

HUYA (NYSE:HUYA - Get Free Report) last announced its quarterly earnings results on Tuesday, March 18th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.03). HUYA had a negative net margin of 2.51% and a positive return on equity of 0.30%. The company had revenue of $1.50 billion for the quarter, compared to analysts' expectations of $1.53 billion. During the same quarter in the prior year, the firm earned $0.48 EPS. HUYA's quarterly revenue was down 2.2% compared to the same quarter last year. On average, equities analysts anticipate that HUYA Inc. will post 0.16 earnings per share for the current fiscal year.

HUYA Announces Dividend

The company also recently declared an annual dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 17th will be paid a $1.47 dividend. This represents a yield of 42.55%. The ex-dividend date of this dividend is Tuesday, June 17th. HUYA's payout ratio is -4,766.67%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on HUYA shares. Daiwa Capital Markets downgraded shares of HUYA from an "outperform" rating to a "neutral" rating in a report on Tuesday, March 18th. Daiwa America cut HUYA from a "strong-buy" rating to a "hold" rating in a report on Tuesday, March 18th. Six research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $5.68.

HUYA Profile

HUYA Inc, together with its subsidiaries, operates game live streaming platforms in the People's Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. The company's live streaming content also covers other entertainment content, such as talent shows, anime, outdoor activities, live chats, and other genres.